VTEX provides a software-as-a-service (SaaS) digital commerce platform for enterprise brands and retailers. Our platform enables our customers to execute their commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. (Incorporated in the Cayman Islands)
Founded in Brazil in 2000, we have been a leader in accelerating the digital commerce transformation in Latin America, and we are expanding globally. Latin America was the fastest-growing region in the world in 2020, and yet ecommerce still represents a small fraction of the total retail market in the region.
Our platform is engineered to enterprise-level standards and functionality with about 80% of our GMV coming from large blue-chip companies (i.e. customers with more than US$10 million of GMV per year).
We are trusted by more than 2,000 customers with over 2,500 active online stores across 32 countries to connect with their consumers in a meaningful way. Whirlpool, McDonald’s, Calvin Klein, L’Oreal and Sony are among our customers.
Our Collaborative Commerce approach benefits from a powerful ecosystem that includes more than 1,000 integrated solutions, 200 systems integrators, 100 marketplaces, 80 payments solutions and 50 logistics companies.
(Note: VTEX priced its IPO on July 20, 2021, at $19 – above its $15-to-$17 range – on 19 million shares, the same number of shares in the prospectus, to raise $361 million.)
|Industry:||SERVICES - PREPACKAGED SOFTWARE|
|Address||125 Kingsway, London, England – WC2B 6NH, UK|
|Phone Number||(212) 947-7200|
|Revenues||$108.0 mil (last 12 months)|
|Net Income||$-16.9 mil (last 12 months)|
|Price range||$19.00 - $19.00|
|Est. $ Volume||$361.0 mil|
|Manager / Joint Managers||J.P. Morgan/ Goldman Sachs/ BofA Securities/ KeyBanc Capital Markets/ Morgan Stanley/ Itau BBA|
|Expected To Trade:||7/21/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|